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Sommelier Funding & Investors

Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators. Liquidity Providers (LPs) will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, as well as a host of other features that token holders have come to expect from centralized finance (CeFi), but that are not currently available in DeFi.

sommelier.finance

Total Amount Raised: $29,500,000

Sommelier Funding Rounds

  • Undisclosed

    $2,000,000

    Undisclosed Investors

    Alameda Research
  • Series A

    $23,000,000

    Series A Investors

    Polychain Capital
    Alameda Ventures
    Ignite
    Ferngrove Ventures
    D1 Ventures
    Zola Global Investors
    Secure Ventures
    Byzantine Partners
  • Grant

    $1,000,000

    Grant Investors

    The Graph
  • Seed

    $3,500,000

    Seed Investors

    Standard Crypto
    Cygni Capital
    Multicoin Capital Management
    Alameda Ventures
    Alameda Research
Funding info provided by Diffbot.